Before I go any further, please note that this document assumes that you are already familiar with Forex and Forex trading, we will not teach you to trade Forex here. If however you are a beginner and need advice on resources to help you learn the skills of Forex trading, you will find a few recommendations here: For that kind of trading, the H4 is ideal because it will give you a reasonable volume of trades and a good grip on the momentum moves of a pair without forcing you to keep a constant watch on your trades. Since this strategy aims at catching trending moves, we are looking for clean charts and want to avoid cluttered pairs where volatility is high with unclear price directions, violent swings or spikes, …. Ssb system uses five indicators, that might seem a lot, but they all have a function and actually they are a trading visual aid for reading graphs and to me they make things much simpler. The Ichimoku Kinko Hyo system is a very elaborate but simple system devised by a Japanese journalist named Goichi Trading in the late s and released to the general public in the late s after 30 years of testing and improvement. It is a very complete system giving an instant view of market conditions, possible entries, exits, support and resistance levels and key past and future market levels. The original system consists of five lines named Tenkan-Sen, Kijun-Sen, Senkou Span A, Senkou Span B and the Chikou Span. What we call the Ichimoku cloud is the area between the Senkou Span A and Senkou Span B, it is usually coloured. Below is a representation of the system and the five lines that compose it we only use three of them:. The Ichimoku system is a moving average based trade identification system. It is quite elaborate and novice traders might find it difficult to read. However, in our trading system we are only using two of the core components which are the Kumo cloud and the Kijun Sen, since the information they provide is sufficient for the kind of market conditions we want to identify. The cloud also named Kumo in Japanese is the area between Senkou Span A also named SSA and Senkou Span B SSBwhose definitions are the following:. Moving averages are the single most used indicator in trading. There are many different forms of moving averages simple SMAexponential EMAweighted WMA …here we use the 21 period EMA. Exponential moving average reduce the lag by giving more weight to recent prices, therefore we prefer it to SMA. It also tends to be one of the most widely used moving averages, and as such it is kind of a self-fulfilling prophecy since a lot of traders are always going to react around it. In this system it is used to confirm a trend, we will be looking for strong slopes as indicators of strong up or down trends. The RSI is the Relative Strength Index. It was created by Welles Wilder in The formula to calculate the RSI is the following: In the standard setting of the RSI, the average gains loss are calculated by adding all the gains losses for the past 14 periods. We use it with a setting of 7 periods as we want ssb use it to trade quite a short cycle. Occasionally I will set the RSI to 4 periods if I want to make sure I detect an earlier signal, adding a little risk. Fractals were developed by Bill Williams as part of a system that he created mixing the Chaos Theory with Human Psychology. Taken alone, fractals are indicators that actually break larger trends into smaller and simple reversal patterns. A fractal is composed of five or more bars, and there are two types of fractals:. The fractals are turning points, and we will use them for our stop loss placements initial and trailing. The idea is that in a. See a representation of fractals on the right, swing lows are the red fractals and swing highs are green fractals. That is left to trader appreciation but I have found to miss significant market moves if I get too strict on an exact hit of the 50 mark. For stop-loss placement I have already explained that System use fractals. Again, it is a simple and straightforward rule. The reason for using fractals is that they represent key short term swing highs or lows. And the same goes for a system trade. If a down fractal is broken by an upward move then my conditions for a downtrend are no longer met. Enter either on next candle red candle on the left or when the high of the signal candle is broken green candle on the right. Experience has proven that keeping losses at a minimum is absolutely crucial. So I try to NEVER break that rule. I try to aim for 3R usually. Reading the market with this system is extremely simple. You only need a few seconds on each pair to know if you have a trade. Home Results Overall performance Monthly analysis Strategy Tools Forex calendar Market times Forex news Forex quotes and graphics Learn forex trading About Risks Create your blog Contact Search. My simplified Ichimoku system You are here: This system works on any market, any timeframe. I use it to trade forex on the H4. What market conditions are we looking for? Since this strategy aims at catching trending moves, we are looking for clean charts and want to avoid cluttered pairs where volatility is high with unclear price directions, violent swings or spikes, … Two examples of what I mean below: Clean chart, clear trend Cluttered chart, high volatility, spikes, swings What indicators? The Ichimoku cloud and Kijun Sen The Ichimoku Kinko Hyo system is a very elaborate but simple system devised by a Japanese journalist named Goichi Hosoda in trading late s and released to the general public in the late s after 30 years of testing and improvement. Below is a system of the system and the five lines that compose it we only use three of them: The cloud also named Kumo in Japanese is the area between Senkou Span A also named SSA and Senkou Span B SSBwhose definitions are the following: The projected portion of the cloud system also be used as an indication of future market conditions. The height of the cloud is a representation of volatility, so a thinner cloud would indicate ssb volatility, and a thicker cloud will represent stronger areas of support and resistance. Markets are said to be bullish when SSA is above SSB, and bearish when SSA is below SSB. A crossing of SSA and SSB lines usually triggering a change in the cloud color is called a Kumo twist and can be a sign of potential trend inversion. In our system its slope is particularly important, so we use it both as a confirmation of the trend and as a potential trigger for exits being a representation of significant support or resistance lines. A 21 period Exponential Moving Average 21 EMA Moving averages are the single most used indicator in trading. It is commonly accepted that the RSI has the following index thresholds: A fractal is composed of five or more bars, and there are two types of fractals: Example of a long entry. RSI bounces down on 50 mark and goes up again. Stop-loss is that fractal on the left. Example of a short entry. The slopes of the EMA and Kijun are down. The RSI has bounced on the 50 mark and starts going down. Enter here on the open of that red candle. Stop-loss is that green fractal just below. For trading, that is very discretionary. Several options are open: R you are aiming for. Pairs traded Reading the market with this system is extremely simple. Here are the ones I trade: Latest posts Account up 8. 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If the organizers of the conferences or meetings wish to emphasize starting and stopping at exact times, then I recommend numerals representing the full hours and minutes along with a.m. and p.m., especially if the events include noon or midnight.
However, because of the upgrading of curricula in our modern education and the increase of standards, it seems so hard to cope up with all the requirements, especially the homework.
How to add and remove elements from the front or low index end of an array.
If the organizers of the conferences or meetings wish to emphasize starting and stopping at exact times, then I recommend numerals representing the full hours and minutes along with a.m. and p.m., especially if the events include noon or midnight.
However, because of the upgrading of curricula in our modern education and the increase of standards, it seems so hard to cope up with all the requirements, especially the homework.